Market pseudo-rationality is imaginary delirium, not mere irrationality

Evidence

In his own critique of capitalism, Castoriadis submits that the “modern pseudo-rationality” of markets “exhibits most strikingly the domination of the imaginary at every level,” which tosses modern societies “in the throes of a systematic delirium” (1975, 156). The task of critique, however, should not be to merely suggest an “alternative rationality” that would shake homo speculans out of its delirium. Nor, contrarily, should it center on the system’s endemic irrationalities as a launchpad for attacking “pure reason.” — Aris Komporozos-Athanasiou, Speculative Communities, 156

Categorization

• QUESTION: This is central to the reader’s assessment task: what exactly does the ‘counter-speculations’ reading offer instead of ‘alternative rationality’? Worth chasing how this develops.
• DEFINE: Casts fictive/market rationality and critique’s adequate response as an analytical term framework.